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MGT-8 – Certification of Annual Return

Who Files This?

Listed Companies and Public Companies (with paid-up share capital ≥ ₹10 crore or turnover ≥ ₹50 crore) must get their Annual Return (MGT-7) certified by a Practicing Company Secretary in Form MGT-8.

Applicability Criteria

  • Mandatory for:

    • All Listed Companies.

    • Public Companies meeting either of the following:

      • Paid-up share capital of ₹10 crore or more, OR

      • Turnover of ₹50 crore or more.

Why It Matters

MGT-8 provides an independent professional certification confirming that the Annual Return (MGT-7) is accurate and complies with provisions of the Companies Act, 2013. This increases regulatory trust and reduces compliance risks.

Process of Filing

  1. Annual Return prepared in MGT-7.

  2. Detailed verification by Practicing Company Secretary (PCS).

  3. PCS issues MGT-8 Certificate confirming correctness.

  4. MGT-8 is attached while filing MGT-7 on the MCA portal.

Documents Required

  • Final draft of Annual Return (MGT-7).

  • Board’s Report and Secretarial Records.

  • Registers of Members, Directors, and Shareholders.

  • Minutes of Meetings (AGM/Board).

Due Date

  • Same as MGT-7 filing (i.e., within 60 days of AGM).

  • MGT-8 must be attached along with MGT-7.

Penalty for Non-Compliance

  • Filing without MGT-8 where applicable = Defective Return.

  • Penalties may be levied on both the company and officers in default.

  • PCS issuing incorrect certification is also liable under the Act.

How Law to Corporate (LTC) Helps

  • Acting as your certifying PCS for MGT-8.

  • Conducting thorough compliance verification before certification.

  • Assuring full statutory compliance for smooth filing of MGT-7.

  • Helping avoid penalties on both company and professionals